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Michael Girdley: Why Fireworks Are A Cash Cow and How to Operate a Holdco Worth $100 Million

My First Million

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Navigating Fireworks Business Profitability

This chapter explores the financial intricacies of running a $100 million fireworks business, focusing on EBITDA margins, cash flow management, and strategic decision-making during peak sales periods. The speakers share their experiences with demand forecasting, operational challenges, and the importance of team optimization, while also touching upon the successful ventures that followed their inherited enterprise.

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